H.R. 4758 · 115th Congress
FOMC Policy Responsibility Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
TenneySponsorNo cosponsors.
This bill amends the Federal Reserve Act to require the Federal Open Market Committee to set the interest rates on balances maintained at Federal Reserve banks by depository institutions.
What it does: CRS summary · Introduced in House · Jan 10, 2018
FOMC Policy Responsibility Act
This bill amends the Federal Reserve Act to require the Federal Open Market Committee to set the interest rates on balances maintained at Federal Reserve banks by depository institutions.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: FOMC Policy Responsibility Act
Latest action (Dec 12, 2018): Placed on the Union Calendar, Calendar No. 837.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 10, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.